Alfa Laval (OTCMKTS:ALFVY) Sees Unusually-High Trading Volume - What's Next?

Key Points

• Alfa Laval’s trading volume surged 198% to approximately 54,927 shares, while the ADR traded near $57.99 versus a prior close of $57.54.
• Analyst views are mixed but lean positive: four analysts rate the stock a Buy, two recommend Hold, and one recommends Sell, producing a consensus rating of Hold.
• The company’s latest quarterly EPS of $0.52 missed the $0.62 consensus estimate, although revenue matched expectations at $1.87 billion; analysts expect full-year EPS of $2.33.

Shares of Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY - Get Free Report) saw strong trading volume on Thursday . Approximately 54,927 shares were traded during mid-day trading, an increase of 198% from the previous session's volume of 18,462 shares.The stock last traded at $57.9940 and had previously closed at $57.54.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ALFVY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Alfa Laval in a report on Wednesday, July 22nd. Citigroup restated a "neutral" rating on shares of Alfa Laval in a report on Friday, August 7th. Pareto Securities raised Alfa Laval from a "hold" rating to a "buy" rating in a research note on Wednesday, July 22nd. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Alfa Laval in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Alfa Laval has a consensus rating of "Hold".

Alfa Laval Stock Performance

The company has a market capitalization of $23.97 billion, a P/E ratio of 27.49, a PEG ratio of 3.94 and a beta of 1.13. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.12 and a quick ratio of 0.69. The company has a fifty day moving average price of $58.83 and a two-hundred day moving average price of $57.90.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) last announced its earnings results on Tuesday, July 21st. The company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.62 by ($0.10). Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.87 billion. Equities analysts forecast that Alfa Laval AB Unsponsored ADR will post 2.33 earnings per share for the current fiscal year.

About Alfa Laval

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source